"I have macular degeneration and glaucoma,” the Roseanne show alum told the news site of the medical condition that ultimately leaves you blind. “I just try and enjoy vision as much as possible, you know? Living it up. My dad had it, too,” Barr explained, adding that she’ll miss reading but has thought about hiring someone to “read for me and read to me.”
Now this is what ticks me off, there are millions of people that have macular degeneration and will go blind from it. So if OCATA has the cure why aren't they pushing harder to get it to market? Afterall they've proven it's safe, and it's helped improve vision in more than half of their trial patients. Hell, if they have to go to Mexico to give injections, so be it. Would someone please wake Dr Wotton up!
Please excuse me for ranting so early in the morning.
Joe, nice dilution analysis, but the reason for dilution, being OCATA's only solution, is that they've never made a profit. And they have never been held accountable for not doing so, yet they still receive pay raises and free stock annually for mismanaging the company. Must be nice having a job where you never produce anything, but shareholder loss, but of course if you have conscience it's not such a good thing.
Not one of the many billionaires in this country, or in the world, is looking at investing in this company, and some of them have macular degeneration, too. Dr Wotton needs to come clean about this company, but that will be difficult for him to do, since it's his own little welfare scam, where he receives raises, along with free stock, for never producing a thing. Plus he takes free trips, likely 1st class, to his his homeland, all at the expense of the shareholder.
"Just posting the facts."
Here's the real facts, jack! The share price SUX's, and you're bozo(clown) for always kissing up to OCATA management.
Strike up the band, they finally completed a task they were supposed to complete 3 - 4 months ago, but at least it's positive news.
Thats a lot of NO's, but notice that OCATA management did not say NO to pay raises, along with tons of of free stock, all at the expense of the shareholders.
"Just a way to make money off the sick?"
Hey, they just nailed a couple of cancer groups for fraud, now thats about as low as you can go. And it just shows that anything is possible when it comes to greed.
Another thing I find reprehensible is that OCATA management keeps getting pay raises and free stock, and for doing what? This shows where their hearts really are, dosen't it?
OCATA has 2 on going trials, AMD & SMD, that are currently in ph1 limbo, because they are not recuiting participants, and another MMD thats not open for recuitment of particicpants. The AMD & SMD trials have been going on for over 4 years, and the MMD for 1 year.
They also have 3 other programs on going, Restorative Immunology™ Program, Neuroprotective Biologics, and Blood Components Programs, which appear to be going nowhere due to the lack of funding.
Sure they've had a few big time financial institutions buy shares lately, but the buy amounts have have been miniscule, leaving the share price to wallow between $6 & $7.
The way only way I see them getting ut of this mess is to sell or partner with a big pharma firm, but so far no one seems interested. So does anyone have any good idea's about what OCATA needs to do to to get out of this mess? I am asking because it appears OCATA managemnet hasen't a clue on what to do, but they keep recieving pay raises, along with tons of free stock, for their incompetence.
Freddy_Freeloader, it's easy to see how delustional you're about OCAT, especially when you post nonsense like this.
"“IT IS BETTER TO KEEP YOUR MOUTH CLOSED AND LET PEOPLE THINK YOU ARE A FOOL THAN TO OPEN IT AND REMOVE ALL DOUBT.” (Mark Twain)
Pete, it's a nice little scam they've got going at OCATA, which includes large salaries, with yearly increases, and tons of free stock. And all for doing nothing, and never being held accountable for their actions, or lack of actions.
5.5M shares of common stock, 2.75M sold as warranties, sold at $5.50 per share, bringing in $30M, to pay for clinical trials, along with raises and bonuses for these sob's. So expect at another share price drop, probably a dollar or more.
I was hoping they'd sell the company, but apparently nobody wants to buy, I wonder why?
I wonder if this equity offering will fail like the last one did? If so, then these guys are on their last legs, thank God, because it will finally put an end to this 20 year scam.
Pete, another is all the conferences they attend w/o ever reporting anything positive coming from them. What really galled me is when Dr Wotton went to London for a conference, and you know he went first class all the way, hotel, restaurants, air, etc, yet he never reported want value this trip had for the company, apparently none, because they've never reported any results from it. It was like a free vacation to his homeland, at the expense of the shareholders. Where the F... is value added for the trips to these conferences? I've never heard of any, have you? A major problem with this company is that management is never held accountable. And apparently they have no shame or remorse for never commercializing, thus never any revenues, always living off continual dilution, which has destroyed shareholder value, down 98+% since IPO in Feb 2005. Damn it , this is supposed to be capitalist economy they are operating, not a welfare state that OCATA management has been running it like, for over 10 years now. And it's inhuman to portend that you have the cure for AMD & SMD, and all the while thousands of people have gone blind since these trials started 4 years ago. Yet, there dosen't seem to be the urgency from OCATA to get these treatments into commercialization, but they make sure they get their yearly raises, along with tons of free stock, yes they do.
"What say the tribe?"
I say that we shareholders have been scalped once again by a scamming company that should not be allowed to play these kind of games, games where they rip off the shareholders while making themselves a small fortune. I think it's time that the SEC start taking a close look at what OCATA management has been up to for the past 10+ years, don't you?
Pyar, you poor lost soul, OCATA has not sold a share of this new offering yet, and why could they, when the current share price is less than the offering price. You have just been snookered once again by management, and you haven't clue whats happened. Remember how their previous stock offering failed, and they had to walk away from it with their tails between their legs, it wasn't a pretty sight.
I think you mean the S-4, which detailed shares given to the BOD, whereas the S-3 was 3M shares made available for sale at $6.86 per share. Both S-3 & S-4 just added more dilution to the already huge pile.
Anyway, it bugs me that Dr Langer recieved 1,250 more shares, bringing his total to 48K+ shares, and for doing what? This guy is supposed be a renowned scientist that has expertise in biotech startups, along with be able to get the capital to run them. And he's done neither for OCATA, so why does he keep getting shares for doing nothing?
PS: What said about Dr Langer could be said of all the BOD members, but he's the most renowned of the bunch, so I picked on him because of this.